1578 COUNTY 8 ROAD, Kawartha Lakes (Verulam), Ontario K0M1N0

1578 COUNTY  8 ROAD
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A rare and attractive opportunity for investors! This well-maintained multi-unit complex is tailored for 55+ living and boasts a strong 10.7 % cap rate with AAA tenants already in place. Located just steps from Eganridge Resort, this property offers the perfect blend of tranquility and convenience - only 1.5 hours from the GTA.The building features, 8 private single units, 1 two-bedroom apartment, 1 commercial unit currently used as a residential suite. Shared amenities including a spacious dining area with a cozy fireplace, a bright and welcoming lounge with a second fireplace, a fully-equipped kitchen, and a common laundry room. Sitting on a 1.3-acre lot, the property offers generous green space and ample parking. Each unit includes a private walk-out patio, adding to the comfort and independence of its residents. Tenants have two meals provided in their rent. Making this a turnkey opportunity for those looking to semi-retire in the Kawarthas. Alternatively, investors can add kitchenettes to each unit already rough in and the tenants can share the common kitchen. Endless options to expand by adding a second floor or addition to the building to increase cash flow. Whether you're looking to expand your real estate portfolio or embrace a lifestyle investment, this unique property delivers. Add this gem to your investment portfolio today!

Property Specifications

Comprehensive breakdown of features and details.

Interior Details

Bathrooms Total13
CoolingFully air conditioned
Living Area1

Land & Location

City RegionVerulam
Frontage Length327.4 feet
Lot Size Area1.43 acres
Lot Size Dimensions1.43

Listing & Financials

Listing OfficeROYAL HERITAGE REALTY LTD.
Originating System NameCentral Lakes Association of REALTORS®

Other Specifications

CountryCanada
Parking Total15

For Sale

$1,190,000

1578 COUNTY 8 ROAD, Kawartha Lakes (Verulam), Ontario K0M1N0

Beds

-

Baths

13

Living Area

1 sqft

Lot Size

1.43 acres

Property Type

Multi-Family

Year Built

-

Listing IDX12615528

Location & Map

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1578 COUNTY 8 ROAD, Kawartha Lakes (Verulam) | $1,190,000 | Lify.ca